Business & Finance
No Urgency for Fed to Hike: Goncalves
Key Points
George Goncalves of MUFG discusses Fed Chair Kevin Warsh’s hawkish Jackson Hole remarks, the outlook for inflation and interest rates, and what upcoming jobs and CPI data could mean for a potential Fed hike. He also examines Treasury yields, market expectations and the longer-term impact of AI on productivity and inflation. He joins Bloomberg's Vonnie Quinn on "Bloomberg Brief."
George Goncalves of MUFG discusses Fed Chair Kevin Warsh’s hawkish Jackson Hole remarks, the outlook for inflation and interest rates, and what upcoming jobs and CPI data could mean for a potential Fed hike. He also examines Treasury yields, market expectations and the longer-term impact of AI on productivity and inflation. He joins Bloomberg's Vonnie Quinn on "Bloomberg Brief." (Source: Bloomberg)